63 756
Assignments Done
99,4%
Successfully Done
In August 2018

Answer to Question #15112 in Other Economics for web

Question #15112
why mathematical economics is not a branch of economics
Expert's answer
Mathematical economics is not an individual branch of economics in the sense that international trade, public finance, or urban economics, but it is an approach to economic theory. It is just a way of economic analysis, where the mathematical proofs and theorems are used heavily to make the economic models. The major thing why mathematical economics is not a branch of economics& is that in the mathematical economics, the assumptions& and conclusions are described in mathematical symbols and equations whereas, in the economics, words and sentences are used to achieve the desired goal.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions